AI Hype Vs Reality

In this episode of the Building Great Tech podcast, hosts Simon Hook and Anastasija Krysa delve into a recent report by HSBC that raises eyebrows about the financial sustainability of OpenAI and the broader AI industry. With claims that OpenAI may require a staggering $207 billion by 2030 just to continue operating at a loss, Simon and Anastasija explore whether AI is genuinely transformative or merely a bubble waiting to burst. They discuss the contrasting timelines for Artificial General Intelligence (AGI), the current profitability of AI companies, and the implications of AI on the workforce. Join them as they cut through the hype and examine the reality of AI's impact on technology and society. Simon highlights the staggering claim from HSBC that OpenAI will need to raise at least $207 billion by 2030 just to continue operating while still losing money, prompting a discussion on the sustainability of AI companies. Anastasija reflects on the insights shared by Jolene, the former Meta AI chief, who emphasises that rather than replacing jobs, AI will enhance workforce capabilities, suggesting a more realistic timeline for AI's impact on the job market. Simon and Anastasija conclude that while AI technology is revolutionary, the short-term impact may be limited, and real companies with solid product-market fit will ultimately prevail, regardless of their use of AI. Follow us on Linkedin! https://www.linkedin.com/in/anastasijakrysa/ https://www.linkedin.com/in/simonvhook/ Building Great Tech is the podcast that helps mission-driven tech businesses become more profitable and customer-focused. Whether you're just starting out or optimising what you’ve already built, each episode helps you drive conversion, retention, and real business growth. We dive into customer-focused strategies, killer product experiences, ethical tech, team dynamics, and smart roadmaps. Expect expert interviews, startup case studies, and practical advice to help make your tech profitable, scalable, and deeply aligned with your mission. Build better tech. Serve more customers. Scale with purpose.

There are no comments yet.

Please log in to write the first comment.